What is a Demand Feature on a Mortgage? A demand feature on a Closing Disclosure indicates whether the lender can require early repayment of the loan. If the “Yes” box is checked, it means the lender has the right to demand full repayment before the loan term ends, which could affect future financial planning.
What is a Demand Feature on a Mortgage? A demand feature on a Closing Disclosure indicates whether the lender can require early repayment of the loan. If the “Yes” box is checked, it means the lender has the right to demand full repayment before the loan term ends, which could affect future financial planning.
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